Bitcoin Whales Added 85,000 BTC in Three Weeks as Price Slid
- —Wallets holding 10–10,000 BTC added over 85,000 BTC in three weeks
- —The number of wallets in that range hit a record 20,338
- —Bitcoin fell from near $87,000 on October 4 to $80,000 on October 8
- —The 30-day MVRV dropped to about -1.6%, the 365-day to -0.48%
Why it matters: Whale accumulation has historically preceded both recoveries and reversals, making a sustained hold above $80,000 the key test.
Source: BlockchainReporter
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